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Private equity fund India SME Investments bets on Lightrock-backed microlender

By Debjyoti Roy

  • 14 Jul 2021
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Private equity fund India SME Investments bets on Lightrock-backed microlender
Credit: 123RF.com

Private equity fund India SME Investments has invested in a microlending startup focused on self-employed workers and small merchants, expanding its fintech exposure, a person told VCCircle. The fund, backed by Small Industries Development Bank of India or Sidbi, has invested Rs 40 crore ($5.4 million) in SmartCoin Financials Pvt Ltd, ......

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